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What is the national currency of Iceland?

  • A.Euro
  • B.Icelandic dollar
  • C.Icelandic krona
  • D.Icelandic euro

Answer: C

It is the Icelandic krona.

The krona collapsed in the banking crisis of 2008, when Iceland's three main banks failed with assets ten times the country's output. Capital controls remained in place until 2017.

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